FSCS declares six advice firms in default in November & December

In November, the lifeboat fund declared the following companies in default: Drew Financial Services, Fiducia Wealth Solutions - formerly Regen Investments, J L Fisher Financial Services and Mentor Financial Limited. Then, in December, it declared Optimus Wealth Management and Walker Woodhead Financial Planning in default. In addition, Ober Private Clients, which specialised in promoting and arranging investments in enterprise investment schemes, was also declared in default. Watch: Interview with PIMFA's Simon Harrington on FSCS, regulatory fees and lobbying for change Between Ma...